EVRAZ plc (LON:EVR) Receives Average Rating of “Sell” from Brokerages
Shares of EVRAZ plc (LON:EVR) have earned an average rating of “Sell” from the seven brokerages that are currently covering the company. Six equities research analysts have rated the stock with a sell rating and one has given a buy rating to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is GBX 77.17 ($1.01).
EVR has been the subject of several research reports. Credit Suisse Group AG upgraded shares of EVRAZ plc to an “outperform” rating and raised their price objective for the company from GBX 90 ($1.17) to GBX 140 ($1.83) in a research report on Friday, July 1st. Citigroup Inc. restated a “sell” rating on shares of EVRAZ plc in a research report on Friday, August 26th. Finally, Jefferies Group restated an “underperform” rating and set a GBX 70 ($0.91) price objective on shares of EVRAZ plc in a research report on Thursday, September 1st.
In other EVRAZ plc news, insider Tatyanin ,Pavel sold 300,000 shares of the firm’s stock in a transaction dated Tuesday, July 12th. The shares were sold at an average price of GBX 158 ($2.06), for a total value of £474,000 ($618,718.18).
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EVRAZ plc (LON:EVR) traded up 6.97% during trading on Friday, hitting GBX 197.90. 3,637,659 shares of the stock were exchanged. The stock’s 50-day moving average price is GBX 148.46 and its 200-day moving average price is GBX 135.92. The firm’s market cap is GBX 2.81 billion. EVRAZ plc has a 12-month low of GBX 54.00 and a 12-month high of GBX 200.00.
EVRAZ plc Company Profile
EVRAZ plc is a United Kingdom-based steel, mining and vanadium company. The Company’s principal activities include manufacturing steel and steel products, iron ore mining and enrichment, coal mining, manufacturing vanadium products, and trading operations and logistics. The Company has four segments: Steel; Steel, North America; Coal, and Other Operations.
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